a real estate investment, originally worth $4000, grows continously at the rate of 600e^(.04t) dollars per year, where t is the number per years since the investment was made.

a) find a formula V(t) for the value of the investment after t years

b)use your formula to find the value of the investment after 4 years

Question

a real estate investment, originally worth $4000, grows continously at the rate of 600e^(.04t) dollars per year, where t is the number per years since the investment was made. 

a) find a formula V(t) for the value of the investment after t years

b)use  your formula to find the value of the investment after 4 years

anonymous · Answer

is it just V(t) = 4000 + 600e^(.04t)?